Outsourced Trading

Outsourced Trading

Outsourced Trading provides investment managers a cost-effective solution for running their business, while providing direct access to liquidity and market intelligence.

With JonesTrading Outsourced you have an expert and experienced trading desk, with broad and deep market knowledge, but without the costs and infrastructure. Our traders have an average of 20 years’ experience, both in sourcing natural liquidity and order handling.

About Jeff LeVeen

Mr. LeVeen serves as Global Head of Outsourced Trading. Previously, Jeff was a Managing Director with Knight Capital Group/KCG in the Institutional Sales Trading division.

Regional Outsourced Trading

We offer cross border trading in Europe and Asia Pacific, regardless of where funds are domiciled. This includes access to local brokers’ trading flows, market color, and research as well as access to an extensive network of block liquidity anonymously or while gaining attribution with those executing brokers. And, if needed, we can provide targeted trading in regions that are non-core to the client’s main strategy.

Full Service Outsourced Trading

We assume all the responsibility – acting, in effect, as your internal trader. This includes managing directed trading and soft dollar budgets while handling all day-to-day execution and commission management. Clients utilize the platform to access our extensive broker network to either trade externally anonymously or for attribution with the executing broker. These execution services are backed with research, desk color, corporate access events, and capital market transactions from a network of third party brokers. And the integration is seamless, crafting workflow around your existing technology infrastructure.

Enterprise Outsourced Trading

For larger clients, we not only incorporate all aspects of our Full-Service Outsourced Trading but have an array of other support services. These include full sponsorship and integration of technology (e.g. EMS, PMS, OMS) and exclusive coverage by a team of dedicated traders. Clients have the option to have a JonesTrading employee resident in your offices, or JonesTrading Outsourced Trading can hire a firm’s current internal traders.

Questions Frequently Asked

Which asset classes do you trade?

US Equities, US Options, US Fixed Income, Futures, International Equities

What strategies do you support?

Equity Long/Short, Long Only, Quant, Macro, Arbitrage

What are the typical commission rates1?

North America: $0.005 – $0.02; EMEA: 3-7 bps; APAC: 7-12 bps

How many brokerage relationships do you maintain?

260+

What OMS Platforms do you work with?

Flexibility to work with all OMS Platforms (i.e. Eze, Enfusion, LiquidityBook, Bloomberg, etc.)

How long does it take to set up an account?

Typically 1-2 weeks

1Commission rates ranges are intended for illustrative purposes. Actual rates incorporate several factors and may vary dependent upon client’s size and volumes.

Whitepaper Download

Outsourced Trading vs. Insourced Trading
A Comprehensive Examination

Many firms are currently or planning to outsource all or part of their trading. We can even place traders at clients and we offer prime broker and cap intro consulting.

Please email leveen@jonestrading.com to request your whitepaper.

Contact Us

Jeff LeVeen

leveen@jonestrading.com
212.907.5375 – phone
800.377.7980 – toll free